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Image 1 - 1561 Arcadia St, Memphis, Tennessee, 38119 - House for sale
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Home For Sale In Memphis, Tennessee
1561 Arcadia St, Memphis, Tennessee, 38119

Home For Sale In Memphis, Tennessee

house for sale
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Listed: 04/15/24

1561 Arcadia St, Memphis, Tennessee, 38119

5 Bed:
3 Bath:
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Price
$ 405,000

About This House

This spacious 5-bedroom home in Colonial Acres gives you everything you need! This home is updated with a new primary walk-in closet that is HUGE! Other updates include a fence as well as a newer HVAC, and water heater. Modernized bathrooms and kitchen add flair, while a peaceful backyard patio invites relaxation. Ideal for families seeking convenience near schools and restaurants in a beautiful established neighborhood. Come experience comfort and charm for your family firsthand!

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Memphis Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
Show as List Show as Graph
In June 2024, the asking price for 2 bed houses for sale in/near Memphis, United States averaged $151,072, a decrease of 16.5% from the previous month.
Median price trends for properties for sale in Memphis, United States as of June 2024.

Household Income

Median household income: $37,199
Number of households: 252,517
The average household income in Memphis, TN declined from $39,333 to $37,199 in the past year. This data is an estimate based upon 252,517 households in Memphis, TN.
The chart below presents how household income is distributed in Memphis, TN in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Memphis, TN compared to median property taxes around the country. The prevalent amount of property taxes in Memphis, TN equals $800-$1,500 , which is less than the national average.